What is your greatest challenge in creating multiple income streams?
Saying
"No" to a new income stream.
I
see so many ways of making money that I have to keep reminding myself
that I'm only here for a short time and I can't do everything.
Do
you know how hard it is turning your back on money?
I
used...
What are some of the most important things for young, first time entrepreneurs to know?
Just
three things:
1.
Develop the worst case scenario. How could it go wrong in the
absolutely worst possible way? Most people reply to this by saying
"That's easy, I don't sell anything". And I point out that
that isn't the worst...
What does it take to be a real entrepreneur? Does being your own boss make you one? Or does it take far more than just that?
The
difference between an entrepreneur and everybody else is that
everybody else sees failure as the opposite of success whilst the
entrepreneur sees failure as the price of success. In other words,
the entrepreneur understands that...
What is the most profound piece of knowledge that you've come across?
That
wealth isn't money
Economists
will tell you that money has exchange value whilst wealth has use
value.
So
money is whatever token is accepted for the purposes of trading
things whether it be electronic ones and zeroes, paper...
If an average person wanted to become truly wealthy, what would the very first three baby steps be he or she would have to take?
There
are only 4 steps. They're simple but they're not baby steps. That is
why most people don't do them - because they look really difficult.
The good news is that the difficulty is all in your head. The really
bad news is that ...
At what age did you achieve your first success in your business or job?
It
was a Steve Jobs moment
Life
can be much broader once you discover one simple fact: Everything
around you that you call life was made up by people that were no
smarter than you and you can change it, you can influence it, you...
What should I do to not get affected by the amount of money involved and find my calling?
My
favourite quote about money is this:
Money
will either be a good servant or it will become a terrible master
So
life becomes very simple: either you are in control of money or it's
in control of you. Now the exact amount is...
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